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Current Affairs 4 May 2020

Current Affairs 4 May 2020

Dear aspirants, to crack any type of competitive examination current affairs plays a significant role and for that we are providing daily important news that are most important for your examination. So we are here for you to provide the important Recent and Latest Current Affairs 4 May 2020.

Current Affairs 4 May 2020 includes all newspapers such as The Hindu, The Economic Times, Business Standard, Times of India, PTI, Indian Express, and all Government official websites.

Current Affairs 4 May 2020
1. 200 new mandis from 7 states join e-NAM for marketing of agricultural produce
  • The total number of e-NAM mandis in the country to 785.
  • It is for the first time that Karnataka has been added to the list of e-NAM states.
  • Govt estimates 1000 Mandis to join the e-NAM platform.
Current Affairs 4 May 2020
2. CAIT to launch national e-commerce marketplace ‘bharatmarket’ for retail traders
  • CAIT = Confederation of All India Traders.
  • Marketplace ‘bharatmarket’ in collaboration with several technology partners to provide end-to-end services in the logistics.
  • It has active support from Ministry of Commerce & Industry.
Current Affairs 4 May 2020
3. Yes Bank appoints Neeraj Dhawan as chief risk officer with immediate effect
  • For a period of three years.
  • Prior to this, Dhawan was holding the position of chief risk officer for retail and business banking at Yes Bank.
  • Yes Bank CEO : Prashant Kumar.
Current Affairs 4 May 2020
4. Tata Motors JLR CEO Ralf Speth elected Fellow of UK’s Royal Society
  • The Chief Executive of Tata Motors-owned Jaguar Land Rover (JLR), has been elected a Fellow of the prestigious Royal Society in the UK.
  • The honour is in recognition of Speth’s advocacy for UK R&D.
  • Royal Society is the oldest scientific academy founded in 1660.
Current Affairs 4 May 2020
5. RBI cancels licence of Mumbai-based The CKP Co-operative Bank
  • Licence cancels because the financial position of the bank is highly adverse & unsustainable.
  • With this process of paying the depositors as per DICGC Act, 1961 will happen.
  • Every depositor is entitled to repayment of upto, Rs 5 Lakh.
6. CSIR’s Kisan Sabha App to connect farmers to supply chain
  • CSIR = Council of Scientific and Industrial Research.
  • CSIR has launched Kisan Sabha App to connect farmers to supply chain and freight transportation Management System.
  • It aims to provide the most economical and timely logistics support to the farmers.
  • CSIR is largest research & development organisation in India.
7. RBL Bank appoints Deepak Kumar as Chief Risk Officer
  • For a period of two years.
  • Kumar will replace Ramnath Krishnan.
  • Kumar has served as the Chief General Manager of the State Bank of India (SBI).
  • RBL Bank HQ : Mumbai.
8. Professor Shobhana Narsimhan Elected To American Academy Of Arts And Sciences
  • Professor Shobhana Narasimhan from the Theoretical Sciences Unit (TSU) at the Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR).
  • She has been elected as an International Honorary Member to the American Academy of Arts and Science.
  • NCASR is an autonomous institute under Dept of Science & Tech.
9. Government hikes MSP for 49 Minor Forest Produce
  • MSP = Minor Forest Produce.
  • Tribal Affairs Ministry said, the increase across various items of Minor Forest Produce (MFP) ranges from 16% to 66% to provide an immediate momentum to procurement.
  • Union Minister of Tribal Affairs: Arjun Munda.
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10. Kannada poet KS Nissar Ahmed passes away
  • Renowned Kannada poet KS Nissar Ahmed passed away.
  • Nisaar had won several awards including Rajyotsava Award in 1981, Padma Shri in 2008.
  • He was the 73rd president for Kannada Sahitya Sammalenna held at Shivamogga in the year 2007.
  • Karnataka CM : B. S. Yediyurappa.
  •  Governor : Vajubhai Vala.

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